Wednesday, February 8, 2023 | Back issues
Courthouse News Service Courthouse News Service

Shareholder Class Action

Shareholders say they're not getting enough from defendant Schering-Plough's $41.1 billion sale to Merck, in Newark Federal Court.

Bondholders say GMAC's restructuring plan will unfairly subordinate their bonds to the new ones, in Delaware Federal Court. Also sued is Cerberus Capital Management.

Anesiva's board made it difficult or impossible to be acquired without unfairly benefitting the directors, according to a derivative complaint in Delaware Chancery Court. Anesiva is a biopharmaceutical company. Here are the defendants: Daniel Janney; Arnold Oronsky; Michael Powell; Rodney Ferguson; Michael Kranda; Alta Partners VIII LP; Alta California Partners III LP; Alta Embarcadero Partners III LLC; Interwest Partners VIII LP; Interwest Investors Q VIII LP; Interwest Investors VIII LP; Sofinnova Venture Partners V LP; Sofinnova Venture Affiliates V LP; Sofinnova Venture Principals V LP; Sofinnova Venture Partners VII LP; CMEA Ventures VII LP; CMEA Ventures VII (Parallel) LP; Anesiva Inc.

Read the Top 8

Sign up for the Top 8, a roundup of the day's top stories delivered directly to your inbox Monday through Friday.